The Certificates Of Quality Assurance will be issue by Isfahan Bitumen Production.
Isfahan Bitumen Quality Assurance Certificate
What Is Packing List ?
Our packing list itemizes the contents of shipment. It includes quantity, type and detailed lists of the goods in each shipment. This document is used by the shipping line to determine weights and quantity. It’s also used foreign customs to check the contents of cargo.
Isfahan Bitumen Shipments Packing List
What is Commercial Invoice ?
This is one of the most important documents in international trade, the Commercial Invoice is a contract and proof of sale placed by the seller (Isfahan Bitumen) to the buyer. This document describes the goods being sold and details including the price, value, and quantity of the shipment. The Commercial Invoice does not indicate ownership or carry a title to the goods, that is in the Bill of Lading. However, the commercial invoice is required for Customs clearance.
The Commercial Invoice is our basic statement to the buyer for goods shipped; it ideally represents a complete record of the business transaction.
Isfahan Bitumen Commercial Invoice
What Is Contract Proforma Invoice ?
Proforma invoices are initial offer or estimated price that are used before the sale has confirmed and are sent to request payment from a required buyer before the goods/services are delivered. Our proforma invoice contains a description of the price, the total amount paid, quanitty, quality and other transaction details. This is essentially a "sincere" agreement between our Isfahan Bitumen and our buyer. This will give the buyer advance knowledge of what to expect.
Unlike invoices, proforma invoices are quotes that outline the goods or services that the seller has agreed to sell.
Our letter of intent is the preliminary agreement entered into between a buyer and Isfahan Bitumen Production. This document summarizes the terms and conditions that a buyer is proposing. When a LOI is executed, then the Buyer and Isfahan Bitumen have in principle agreed to the terms and conditions of the contract.
Isfahan Bitumen Letter of Intent
Cargo Insurances
No doubt, that “certainty “factor plays undeniable role in promoting international business transactions. Sellers, carriers and buyers , without certainty and necessary guarantees to set off unpleasant financial consequences and incurred accident and up redirecting of this event which we are witnessed nowadays , we won’t be able to fulfill the business transactions .
Marine cargo insurance that has been introduced prior to the other insurance fields, is able to provide coverage for financial losses pertaining to the commercial goods when risks are realized related to maritime, air and land transportation.
Furthermore, marine insurance will enable banks to provide financial facilities in light of an appropriate insurance, the result of which is billion dollar exchanges as opening letter of credit between the world countries and causes facility in import and export.
To provide more desirable services to Iranian traders and merchants, Isfahan Bitumen’s Insurance Company has tried to provide more facilities to cover expensive goods under clauses of London Institute of Insurers (A,B,C) and Total Loss in import-export, domestic and transit fields. For the risks covered by different Clauses A, B, and C please click here. Total loss of the goods in one step and consequently fire is considered in Total Loss.
Isfahan Bitumen Cargo Insurance Certificate
To ensure consistent Quality and Quantity, we systematically provide SGS inspection on all exported grades.
SGS is the world’s leading inspection, verification, testing and Certification Company. Recognized globally for its quality of work and integrity, they staff over 56,000 people and function a complex network of more than 1,000 administrative centers and laboratories which encompasses the entire world.
SGS Quality and Quantity Inspections
Bitumen SGS Quality and Quantity Inspections Certificate
Bitumen SGS Quality and Quantity Inspections Certificate
Bitumen SGS Quality and Quantity Inspections Certificate
Bitumen Price - Iran Stock Exchange Market
Price Validity : According To The Exchange Regulation
The Bitumen Prices in Iran, Like All Other Commodities: Gold, Silver, Sugar, Base Oil Etc, Are Considered in Stock Exchange (Iran Mercantile Exchange Market)
Trade Day : Tuesday
Isfahan Bitumen Contracts
Contracts Validity
Spot Contracts : 4-5 Days
Open-Price Contracts : 30-45 Days
Start and Cancellation of Contracts :
To Start Contracts The Deposit Amount Must Be Filled Up During The Contract Validity Period, Otherwise Isfahan Bitumen Production Co. May Treat The Contract as Cancelled in Respect of Any Changes in Prices.
Isfahan Bitumen Payment Terms
EXW, CIP, FOT Delivery Payment Term : 100% Advance
FOB Delivery Payment Term : 10-20% Deposit and the Rest Balance to be Paid Against Customs Clarify, SGS Quality & Quantity Certificate, Certificate of Origin Documents
FOR Delivery Payment Term : 30-50% Deposit and the Rest Balance to be Paid Against Original Waybill, Certificate of Origin, Packing List, Commercial Invoice Documents
CNF, CFR, CIF Delivery Payment Term : 10-20% Deposit and the Rest Balance to be Paid Against Original Ocean B/L, SGS Quality & Quantity Certificate, Certificate of Origin, Packing List, Commercial Invoice Documents
Bank Details :
1- Standard Chartered Bank – Dubai, United Arab Emirates
2- Emirates NBD Bank – Dubai, United Arab Emirates
3- Standard Chartered Bank – Dubai , United Arab Emirates
Isfahan Bitumen Bank Payment
Delivery Schedule :
Maximum 3 Days For Quality And Sampling Inspections In Factory
Maximum 1 Week For Transport To Loading Port
2 Days For SGS Quantity Inspections And SGS Sealing, Customs Sealing And Customs Clarify
Maximum 5-35 Days To Deliver In You Destination Port (based on distance and shipping line)
Iran Bitumen Delivery Schedule
Delivery Terms :
1- CIF : Cost, Insurance and Freight (Most Africa, Asia, Middle Eaast Destinations)
Isfahan Bitumen Production will arrange for the carriage of insured goods by sea to a port of destination, and provide the buyer with the documents necessary to obtain the goods from the carrier.
2- CNF / CFR : Cost and Freight (Most Africa, Asia, Middle Eaast Destinations)
Isfahan Bitumen Production will arrange for the carriage of goods by sea to a port of destination, and provide the buyer with the documents necessary to obtain the goods from the carrier. Under CFR, the seller does not have to procure marine insurance against the risk of loss or damage to the goods during transit.
3- EXW : Ex Works (Isfahan City / Iran)
Isfahan Bitumen Production will deliver goods at place of factory in Isfahan Segzi Industrial Area. All other transportation costs and risks are assumed by the buyer.
4- FOB : Free On Board (Bandar Abbas Port / Iran , Bushehr Port / Iran)
Isfahan Bitumen Production will deliver goods on board a vessel designated by the buyer. The seller fulfills its obligations to deliver when the goods have passed over the ship’s rail.
The word “free” means the seller has an obligation to deliver goods to a named place for transfer to a carrier.
5-FOT / CIP : Free on Truck – Carriage and Insurance Paid to (Iran’s Neighbors)
Isfahan Bitumen Production will arrange for the trucks of insured goods by ground to a neighbor destination.
6- FOR : Free on Rail (Iran’s Neighbors)
Isfahan Bitumen Production will deliver goods to Isfahan railway station and loaded onto a train and deliver at buyer’s railway station.
Iran Bitumen Delivery Terms
